Category: Investments

What:          Webinar Who:           The African Development Bank’s Making Finance Work for Africa (MFW4A) Partnership, and the EIB West and Central Africa SME Banking and Microfinance Academy 2021 When:         20 January 2022 at 13:00-16.00 GMT Where:        Virtual The webinar, titled Cybersecurity challenges for financial institutions in the context of expanding digital financial services, will bring together experts, financial institutions, regulators and other participants to learn about updates on cybersecurity and possible vulnerabilities that must be solved to reduce the risk of an attack. With the Covid-19 pandemic, the…

Le président de la République du Sénégal, Macky Sall, a présidé, lundi 27 décembre, la cérémonie d’inauguration du Train Express Régional (TER). La cérémonie a eu pour cadre, la ville de Diamniadio qui polarise un nouveau pôle urbain. Cette inauguration marque l’aboutissement d’un des plus grands projets de la première phase du Plan Sénégal émergent dont la Banque africaine de développement est un partenaire majeur. La contribution de la Banque dans ce projet est estimée à 120 milliards de francs CFA. Devant un parterre de personnalités politiques et publiques, de…

Against the challenges of an ongoing Covid-19 pandemic, the African Development Bank’s efforts to support Africa’s most vulnerable over 2021 yielded strong results. The pandemic had a negative impact on African countries, and the Bank was instrumental in building greater economic and health sector resilience across the continent. It committed to support the development of domestic vaccine manufacturing on a regional hub model and is following up on that commitment. The Bank has also been a leading voice for the redistribution of IMF special drawing rights, which offer low- and…

En cette matinée du 17 décembre 2021, Mme Sabine Ouédraogo a le sourire aux lèvres. Comme dix-neuf autres responsables d’associations féminines, elle vient de recevoir un chèque de 3,5 millions de francs CFA (5335,7 euros), et ne tarit pas de remerciements à l’endroit des bienfaiteurs du jour. Le soutien financier dont elle vient de bénéficier s’inscrit dans le cadre du Projet d’appui en faveur des pays membres du G5 Sahel pour la lutte contre le Covid-19. Financé par le Groupe de la Banque africaine de développement pour plus de vingt…

The African Development Bank has received a huge response to its call for applications to take part in a training program that seeks to bring digital skills to Africa’s underserved communities. More than 19,000 aspiring digital ambassadors have applied since the program launched on 17 November. All eligible African youth are encouraged to apply for the peer-to-peer learning program before 31 December at 17.00 GMT. “We are excited about the enthusiasm and interest from young Africans about digital ambassadors. It is very important that we build upon the success of the…

The Danish government has provided a $30.1 million grant to the African Development Bank-managed African Water Facility to enhance access to quality water and sanitation for Africans living in four arid and drought prone countries.  The grant will benefit rural dwellers in Burkina Faso, Mali, Niger and Somalia under the Facility’s Improving access to climate-resilient safe water supply and sanitation services in the Sahel and Horn of Africa program. The grant is expected to cover the period through 2025. The program entails the rehabilitation, expansion and climate-proofing of water supply…

The African Development Bank Group is pleased to announce the appointment of Mr. Osward Mulenga Chanda as Director, Water Development and Sanitation, with effect from 1 December. Mr. Osward Mulenga Chanda, a Zambian national, joined the African Development Bank in 2009 as Chief Water and Sanitation Engineer. He was then appointed as Division Manager, Water Security and Sanitation, in the Water Development and Sanitation Department, where he managed a portfolio of over $4.5 billion across the continent. Mr. Chanda brings nearly 30 years’ work experience in policy dialogue and investment…

The African Development Bank Group is pleased to announce the appointment of Mr. Stephen Ashcroft as Director, General Services and Procurement, with effect from 16 February 2022. Mr. Stephen Ashcroft, a British national, brings more than 25 years of progressively responsible managerial experience in procurement and related fields. He is joining the Bank after a career at AECOM, a Fortune 500 multinational infrastructure consultancy. His last role was as Commercial Director at NEOM, Saudi Arabia, the world’s largest construction program of any kind ($500bn), to build the most modern city…

The African Development Bank Group is pleased to announce the appointment of Dr. Alex Mubiru as Acting Director General, Cabinet Office of the President, effective from December 17, 2021. Dr. Mubiru, a citizen of Uganda, will hold this position until further notice, given the appointment of the Director General of the Office of the President, Yacine Fal, as Acting Vice President for Regional Development, Integration and Business Delivery. In addition to his role as Acting Director General, he will retain his position as Director (Strategy and Delivery) in the Office…

The African Development Bank Group is pleased to announce the appointment of Ms. Yacine FAL, currently Director General, Cabinet Office of the President, as the Acting Vice President, Regional Development, Integration and Business Delivery of the African Development Bank Group. Her appointment is effective from 17 December, 2021. In her current position as Director General, Ms. Fal oversees the administrative and operational work and activities of the Cabinet Office of the President. This includes providing oversight of all units and departments reporting directly to the President. She ensures enhanced delivery,…